President Obama, speaking at Florida Power and Light’s (FPL) DeSoto Next Generation Solar Energy Center, announced the largest single energy grid modernization investment in U.S. history. The newly announced funding is designed to help the nation transition to a smarter, stronger, more efficient and reliable electric system i.e. the Smart Grid, which will provide energy-saving opportunities, increase efficiency, and help grow renewable energy sources like wind and solar.
As consumer expectations rise and trust in corporations decline, the need for ethical business practices is greater than ever. Yet in a recession, companies seeking to cut costs will likely postpone important CSR initiatives or cut spending in favor of core business initiatives. But it doesn’t have to be either-or. Companies that consider social and environmental initiatives as potential innovation platforms and brand builders — not expenses — will come out ahead.
At the Midwestern Governors Association Jobs and Energy Forum held in Detroit last week, the group released its Platform for Creating and Retaining Midwestern Jobs in the New Energy Economy (Jobs Platform) and the Midwestern Energy Infrastructure Accord (Infrastructure Accord). These two documents are part of an effort by these Governors to position the Midwest as a leader in the new energy economy.
The excitement surrounding the biofuels market opportunity has been tempered somewhat by its many challenges, which include ethical questions of food versus fuel, limited availability of inexpensive feedstocks, petroleum price volatility, overcapacity of production and the global recession. However, a two recent reports from both Pike Research and Bio Economic Research Associates forecast that, despite these significant challenges, the combined biodiesel and ethanol markets will reach $247 billion in sales by 2020, up from just $76 billion in 2010. Total job creation, accounting for economic multiplier effects, could reach 123,000 in 2012, 383,000 in 2016, and 807,000 by 2022.
A majority of likely voters – 71% – favors the American Clean Energy and Security Act recently passed by the House of Representatives, and two-thirds (67%) believe Congress is either doing the right amount (22%) or should be doing more (45%) to address global warming, new Zogby International telephone poll shows. Just 28% believe that Congress is doing too much.
By now, everybody has heard about the Studyt out of Spain that supposedly proves that Obama’s green jobs program is a loss cause that will hurt our economy. I think there are numerous flaws with that study. In this update, we have Spain’s response to his claims, proof that his data was falsified, an explanation of how the renewable energy investment did not have the major negative impact on business, in Spain, that his analysis was too simplistic to be applied in any real world model, and what most economists believe is the major cause of Spain’s high unemployment rate. I will also bring to light extremely relevant facts, that the study fails to mention or factor in to the study, and review the US’s history and results from past renewable energy investments. That’s right we have been investing in renewable energy for years.